Report: Vanderbilt parting ways with Jerry Stackhouse

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Vanderbilt plans to sever ties with men’s basketball coach Jerry Stackhouse, CBS Sports reported Thursday.

The former NBA star’s buyout figure with the Commodores is believed to be more than $15 million, per the report.

Vanderbilt finished 9-23 this season, including 4-14 in the Southeastern Conference. The season ended Wednesday night with a 90-85 overtime loss to Arkansas in the first round of the SEC tournament in Nashville, Tenn.

Stackhouse, 49, has compiled a record of 70-92 (28-60 SEC) in five seasons at Vanderbilt with two appearances in the NIT (2022, 2023). The Commodores have not been to the NCAA Tournament since 2017.

Stackhouse was asked about his future with Vanderbilt following Wednesday’s loss to the Razorbacks.

“We’re going to sit down and talk after the season, like we always do,” he said. “I think obviously it’s been a long season, not the season that we hoped for. Again, I’m so proud of my guys, so proud of how they competed and how they’ve grown. But we understand it’s a results business. The results haven’t been there. Obviously there’s some context behind those results. At the end of the day, I understand that. We have to take accountability for that. We’ll sit down and we’ll discuss that, we’ll figure out the best way going forward.”

Stackhouse was an assistant coach with the Toronto Raptors and Memphis Grizzlies before taking the reins at Vanderbilt in 2019-20.

Stackhouse was the No. 3 overall pick in the 1995 NBA Draft out of North Carolina and became a two-time All-Star during 18 seasons with eight teams. He averaged 16.9 points, 3.3 assists and 3.2 rebounds across 970 games (564 starts).